
Taiwan's Foxconn and Vietnam's VinFast explore electric vehicle partnership
Mar 20, 2021 00:04 am UTC| Business
Vietnams Vinfast is negotiating with Taiwans Foxconn about forming a partnership focused on developing batteries and electric car parts. Foxconn has proposed acquiring EV production lines owned by VinFast, the car unit...

British Airways may sell headquarters due to reduced need for office space
Mar 20, 2021 00:02 am UTC| Business
British Airways is considering selling its headquarters building due to the dwindling need for office space after a shift to working from home. As many of its employees enjoy working from home, British Airways plans a...

Baemin facing allegations of discrimination against foreigners in S. Korea
Mar 19, 2021 09:59 am UTC| Business
Baemin that is also locally known as Baedal Minjok is one of South Koreas biggest food delivery app. It is now facing heavy criticisms after being accused of discriminating against foreigners in South Korea. The...

China's Geely to launch new EV brand to take on Tesla
Mar 19, 2021 09:54 am UTC| Business
Chinas Geely plans to sell its electric vehicles under a new brand named Zeekr for the premium segment and as it prepares to compete with Tesla. The brand would be launched under an EV entity Lingling...

Mar 19, 2021 09:40 am UTC| Business
eBay Korea is up for sale since January, and while it has yet to find a buyer, the bidders for its acquisition have grown in number. The best thing about it is that major companies in South Korea have expressed strong...

SpaceX: Elon Musk’s employee pleads guilty for selling insider trading information
Mar 19, 2021 08:45 am UTC| Business
A SpaceX engineer reportedly pleaded guilty of conspiracy to perpetrate securities fraud through selling insider information on the dark web. This is said to be the first case that was brought to the U.S. Securities and...

Adidas, Peloton teamed up for an exclusive new line of athletic apparel and lifestyle gear
Mar 19, 2021 08:04 am UTC| Business
Adidas and Peloton revealed their collaboration to create an exclusive new line of athletic apparel. The companies made the announcement on Thursday, March 18. The fitness and sports gear partnership deal As per...